Mistral releases a new open source model for speech generation; Knox Systems raises $25MM Series A from B Capital Group

Daily list of private company financial insights

March 27, 2025

What We're Reading

PrivCo's Daily Stack ® is a daily financial newsletter,
where you'll find the latest fundings and deals in the private market.

Trending Companies

Excalipoint Therapeutics, a biotechnology firm developing T-cell engager (TCE) therapies for cancer and autoimmune diseases, raises $68.7MM Seed from HSG.

Biotechnology (5,646) • Shanghai, China

 

V-Glass, a firm developing vacuum insulated glass. V-Glass, Inc. was founded in 2008, raises $3MM Seed from Grantham Foundation for the Protection of the Environment.

Glass (1,559) • Waukesha, WI • Post Money Valuation

 

Rubi Laboratories, a company that develops biocatalyst solutions that turn carbon emissions into carbon-negative textiles, raises $7.5MM Equity Funding from A P Ventures.

Biotechnology (5,646) • San Leandro, CA • Post Money Valuation

 

Elsker, a firm that develops a loan origination and account opening software platform designed for financial institutions to manage lending and customer onboarding processes, raises $25MM Series A from Footwork.

Fintech (3,441) • New York, NY • Post Money Valuation

 

Chorus Partners, a developer of a digital funeral planning platform, raises $9MM Series A from Lachy Groom.

Funeral Products & Services (1,810) • Los Angeles, CA • Post Money Valuation

 

POSH Group, a ticketing platform built around an arsenal of event marketing tools, raises $37MM Series B from FirstMark Capital, LLC.

Customer Relationship Management (CRM) (1,729) • New York, NY • Post Money Valuation

 

GlobalComix, a provider of a platform for comics, raises $13MM Equity Funding from SBI US Gateway Fund.

Publishing (6,744) • New York, NY • Post Money Valuation

 

HostedAI, a company that developed a software designed for CSPs and AI providers to run high-density, multi-tenant GPU infrastructure and maximize utilization with intelligent orchestration, raises $19MM Seed from Creandum AB.

Software (27,969) • San Jose, CA • Post Money Valuation

 

Paraform, a company that operates a recruiting platform that offers a place to connect with companies and businesses and refer candidates to job opportunities with specialized recruiters more cheaply, monitor their performance and flex based on demand, enabling individuals to find jobs through a digital portal at their desired startups and companies, raises $40MM Series B from Scale Venture Partners.

Recruitment (8,066) • San Francisco, CA • Post Money Valuation

 

Deeptune, a company that developed a simulation platform for AI agents, raises $43MM Series A from Andreessen Horowitz LLC.

Simulation (175) • New York, NY • Post Money Valuation

Corridor Security, a company that accelerates AI coding by preventing security flaws before they're even written, raises $25MM Series A from Felicis Ventures LLC.

Software (27,969) • San Francisco, CA • Post Money Valuation

 

RunSybil, a company that developed an AI-native offensive security platform that autonomously discovers and exploits real-world vulnerabilities across modern applications, raises $40MM Equity Funding from Khosla Ventures.

Software (27,969) • San Francisco, CA • Post Money Valuation

 

Latent, a company that uses clinical AI to accelerate medication access for patients by streamlining prior authorizations, benefits checks, appeals, and pharmacy workflows for health systems and specialty pharmacies, reducing administrative burdens and speeding up time-to-therapy, raises $80MM Series A from Spark Capital.

Artificial Intelligence (6,625) • San Francisco, CA • Post Money Valuation

 

Amani Therapeutics, a company that develops medicines for serious psychiatric illnesses, including treatment-resistant schizophrenia, by advancing innovative fixed-dose combination therapies that reduce severe side effects and eliminate burdensome monitoring requirements, raises $25MM Series A from RTW Investments.

Therapeutics (1,477) • New York, NY • Post Money Valuation

 

Cambridge Mobile Telematics, an enterprise software company that provides software to analyze driving pattern, safety of fleet of cars and provide IOT device to collect and store telematics data, raises $350MM Equity Funding from TPG Capital LP.

Software (27,969) • Cambridge, MA • Post Money Valuation

 

Zipline International, a provider of an automated drone delivery service intended for the distribution of blood and medical supplies, raises $200MM Series H from Fidelity Investments.

Drones (340) • South San Francisco, CA • Post Money Valuation

 

Qualified Health, a company that develops a generative artificial intelligence infrastructure designed to evaluate, monitor, and interact with healthcare applications, raises $125MM Series B from New Enterprise Associates.

Generative AI (347) • San Carlos, CA • Post Money Valuation

 

Harvey AI, a developer of an AI application for law practitioners, raises $200MM Equity Funding from GIC Group.

Software Development (11,749) • San Francisco, CA • Post Money Valuation

 

Dash0, a company that developed a full OpenTelemetry-Native Observability tool, raises $110MM Series B from Balderton Capital

Monitoring (2,989) • New York, NY • Post Money Valuation

 

Ares Management invests in Convene Hospitality Group, a corporate event planning company that provides end-to-end conference and collaboration services including meeting space from leased commercial facilities, catering, IT, audio-visual and organizational support, providing start-ups, businesses, and corporates with access to co-working spaces in a convenient and hassle-free manner.

Events (4,510) • New York, NY • Deal

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